Latest Cyber Headlines
All the headlines from our Cyber Topic Page, ordered by recency.
White House Releases New National Cybersecurity Strategy
Mar 2 2023 // The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting responsibility to...
People Moves: Ashley Promoted to Division President of Chubb Tempest Re Int’l; Argenta Taps TMK’s Groves as Head of Cyber; Mosaic Hires Chief People Officer
Mar 2 2023 // This edition of International People Moves details appointments at Chubb Tempest Re, Argenta Syndicate Management Ltd., and Mosaic Insurance. A summary of these new hires follows here. Ashley Promoted to Division President...
China Eases Deadline Pressure for Multinationals’ Compliance With Data Security Rules
Mar 2 2023 // Chinese regulators have eased some deadline pressure on multinational companies struggling to comply with new rules requiring them to seek approval to export user data, according to lawyers advising clients on the...
Experts Urge Empathy, Thoughtfulness for Insurers in Challenging Cyber Landscape
Mar 1 2023 // Powered by InsuranceJournal.tv While the continuously evolving cyber threat landscape is a growing problem for insurers, experts on this episode of The Insuring Cyber Podcast say it’s not an insurmountable one, and...
Cyberattack on Boston Labor Union Results in $6.4M Loss
Mar 1 2023 // A cyberattack on a Boston-based labor union’s health fund resulted in the loss of $6.4 million, but it does not appear that the personal information of members was stolen or compromised, union officials said. Federal...
Cyber Official Urges Microsoft, Twitter to Boost Security
Feb 28 2023 // A senior US cybersecurity official described adoption of some of Microsoft Corp. and Twitter Inc.’s security protocols as “disappointing” as part of a broadside against large technology companies’...
Insurer Startup Trium Cyber Finds Path to Profits, With Large Business Focus
Feb 28 2023 // This profile of Trium Cyber is the inaugural article in a regular series of Company Spotlights, published by Insurance Journal, which cover the insurance industry’s startups and innovators. Trium Cyber is the...
Cyber Insurance Market Back From Brink After Onslaught of Ransomware Attacks
Feb 27 2023 // The cyber-insurance market, battered by a rash of pandemic-era ransomware attacks, is making a comeback. Price hikes are moderating, new carriers and fresh sources of capital are emerging, and companies can better afford...
Update: Top EU Bodies Ban TikTok on Staff Phones, Citing Need to Hike Cybersecurity
Feb 23 2023 // The European Union’s two biggest policy-making institutions have banned TikTok from staff phones for cybersecurity reasons, marking growing concerns about the Chinese short video-sharing app and its users’...
China Urges State-Owned Firms to Drop Big 4 Auditors Over Data Security Concerns
Feb 23 2023 // Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a landmark deal to allow US...
Ohio’s DNA Diagnostics Settles $200K Fine Over Data Breach
Feb 17 2023 // Ohio and Pennsylvania have negotiated agreements with DNA Diagnostics Center – a Fairfield, Ohio, company that provides paternity and other DNA testing – over a 2021 data breach that compromised the personal...
Markets/Coverages: CFC Launches Policy Encryption for Cyber Cover in Industry First
Feb 17 2023 // CFC Underwriting, the specialist managing general agent, announced it is introducing policy encryption for its cyber insurance policies – and is the first provider in the industry to do so. Leveraging its mobile app for...
People Moves: MGA Rokstone Names Heaton From Nexus as Head of D&O; RSA Hires CNA Hardy’s Westwood for Cyber Underwriting Team
Feb 16 2023 // This edition of International People Moves details appointments at the UK-based MGA Rokstone and RSA Insurance. A summary of these new hires follows here. MGA Rokstone Names Heaton as Head of D&O Rokstone, the...
In Cyber Insurance, Experts Say Employee Curiosity Can Kill the Catastrophe
Feb 15 2023 // Powered by InsuranceJournal.tv One of the most important things insurance companies and employees alike can do to achieve success is stay curious, experts said on this episode of The Insuring Cyber Podcast. “Make...
Markets/Coverages: Brit Renews and Expands Flagship Cyber Consortium
Feb 15 2023 // Brit Ltd. announced the renewal and planned expansion of its leading cyber consortium, Brit Cyber Attack Plus (BCAP), a cyber product designed to protect clients from the impact of physical damage arising from...
Scandinavian Airline SAS Hit by Cyber Attack, Affecting App
Feb 15 2023 // Scandinavian airline SAS said it was hit by a cyber attack Tuesday evening and urged customers to refrain from using its app but later said it had fixed the problem. News reports said the hack paralyzed the carrier’s...
Ransomware Attacks on Industrial Firms Increased by 87% in 2022
Feb 14 2023 // Ransomware attacks against industrial organizations increased by 87% in 2022 from the year before, with most malicious software targeting the manufacturing sector, according to findings published Tuesday. Hackers last year...
Coalition Cyber Insurance Now Offered to Large Enterprises With Revenue Up to $5B
Feb 14 2023 // Coalition announced it has expanded its cybersecurity insurance offering to enterprise businesses with revenues up to $5 billion. The company’s increased capacity above its existing limit of $1 billion comes from a...
US, UK Sanction Russians Tied to TrickBot Hacking Gang
Feb 13 2023 // The US and UK have imposed sanctions on seven alleged members of a Russia-based cybercrime gang, the first such joint action from the two countries. The sanctions target accused members of TrickBot ransomware group, which...
Liberty Mutual Launches Global Cyber Office to Better Manage Complex Cyber Risks
Feb 13 2023 // Liberty Mutual Insurance announced the formation of a Global Risk Solutions (GRS) Global Cyber Office and the appointment of a leadership team consisting of industry experts. The office aims to build and scale Liberty...
